Zeta Compliance Technologies
LSE : ZCGP

October 17, 2008 05:21 ET

INTERIM RESULTS FOR THE HALF YEAR ENDING 31ST JULY 2008

                                                                                          17/10/2008
                                                                           GB00B2R2Z520/GBP/PLUS-exn
                                       ZETA COMPLIANCE GROUP PLC

                        INTERIM RESULTS FOR THE HALF YEAR ENDING 31ST JULY 2008

The Board of Zeta Compliance Group plc ("Zeta" or "the Company") (PLUS-Quoted Code: ZCG) are pleased
to announce the unaudited results for the period ended 31st July 2008 during which the Company was
admitted to trading on PLUS Markets and achieved significant operational progress.

The Company commenced trading on PLUS Markets on 9th May 2008 and required considerable management
effort and financial investment. This was a key enabling step in the Company's strategy.

Nevertheless, the Company achieved growth of 38% in revenues per month and 56% in EBITDA per month
compared with the 9 month accounting period ended 31st January 20081.

A summary of the Company's trading account is as follows:


        Results for the Period
                                                 6 Months                  9 Months
                                                       to                        to
                                                 31/07/08                  31/01/08
                                                UnAudited                Pro Forma2
                                                       £                        £
        
        Turnover                                   881,001                  955,170
        
        Gross Profit                               524,301                  631,813
        
        Administrative Expenses                    330,556                  464,498
        
        Earnings before Interest, Depreciation
         Taxation and Amortisation - and
         Flotation Expenses                        174,194                  167,315
        
          Interest payable                          19,534                   26,085
          Depreciation                               3,285                    6,869
          Amortisation - Software                   35,396                   40,382
                         - Goodwill                 10,422                      -

        Profit/(Loss) Before Taxation and
                Flotation Expenses                 105,558                   93,979

        Flotation Expenses                          65,857                      -

         Profit/(Loss) before Taxation              39,701                   93,979

         Tax (charge)/rebate                             0                    3,869

           Profit/Loss after Taxation               39,701                   97,878

The information has not been reviewed by the Company's auditors.

Legislative compliance is an underlying driver to Zeta's business but the Company is not immune to
general economic conditions. Hence, whilst the Directors remain confident over the medium term it
would be imprudent to anticipate further growth during the second half of this financial year.

The Company's services to customers are underpinned by its ZetaSafe® technology which the Directors
believe gives it competitive advantage in a fragmented industry where adoption of technology is
relatively low.  There are many small owner managed businesses supplying water and air hygiene
services. Acquiring a number of them is central to Zeta's aspirations for growth with the intention
that each acquired business will adopt ZetaSafe® both to leverage the market place advantage of the
technology referred to above and to give consistency across all the Company's operations for increased
visibility and control. The Board is active in seeking acquisitions.

The directors of the issuer accept responsibility for this statement.

Enquiries:

Rob Nicoll, Zeta Compliance Group plc
Tel:  01869 238073

Barry Hocken/Duncan Vasey, St Helen's Capital Plc
Tel: 020 7428 5582
_______________________________
1 Growth calculated on 'per month' basis.
2 Based on addition of Audited accounts for companies that comprise Zeta Compliance group plc,
Fineapply Limited and Zeta Compliance Technologies Limited, with unaudited offsetting reduction in
Turnover, Cost of Sales and Administrative Charges between the two companies (i.e.inter company
trading is eliminated).

Contact Information

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